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The Leaked Fyre Festival Pitch Deck Is Beyond Parody

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Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#121
post #8

Earlier quoted context omitted.

https://www.goldennumber.net/wp-content/uploads/pepsi-arnell...

I don't know whether to be happy or sad that Umberto Eco didn't live to see that.

He did, though. The Pepsi thing was from '08, Eco died in '16.

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#122

Earlier quoted context omitted.

Well if you think about the fact that almost every startup that goes through YC raises probably $1M+ after demo day, and 9 out of 10 investments likely to lose, but hey move fast and break things as long as it's not a concert for rich people. In fact your comment could just as well be about many "unicorns" in tech who seem far more than willfully incompetant (e.g. Theranos; Uber); or according to who you ask Etherium…

Well, Theranos and Etherium are met with frequent criticism on this board with good reason, but the issue isn't about losing out on an investment - which is obviously a risk with any company and clearly not applicable in the case of Uber - but rather, negligent, reckless or fraudulent behavior dressed up in tons of marketing buzz and obfuscated by insane levels of hype that functions only to inflate the ego and perce…

> negligent, reckless or fraudulent behavior dressed up in tons of marketing buzz and obfuscated by insane levels of hype

Sounds like Uber to me.

Yes people got rides and it's a good product, but they still took operations to cities/counties all over the world illegally. Drivers are the ones who are stuck holding the with damaged driving records, and in some cases criminal records, for nothing more that operating under Uber. For example in Miami alone there are still $3.5M worth of outstanding fines from drivers when they were illegally operating as rides for hire.

Multiple that by how many cities? Then extend that business model for to any other illegal activity: drugs, prostitution, murder for hire, etc... but you know hype ($50B unicorn) and marketing buzz (disrupting, sharing economy).

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#123
post #7

If it had not been a complete and utter failure, the pitch deck would have been just another unremarkable example of marketing/PR fluffery, and wouldn't have been worth commenting on. Doesn't look any different from media marketing I've seen for things that were successful.

Agreed. It was definitely a failure in execution not necessarily in vision. If done right it kinda sounds like a dope experience.

I'm highly skeptical that no matter how successful the logistics could have been, that I could ever describe anything involving Blink 182 as a "dope experience".

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#124
post #61

The funny thing about this whole shit show is that could have been me. Before transitioning to tech in SF, I had a career in the entertainment industry down in LA. My buddy pitched me with marketing jargon just like this for a Coachella style festival, and I got sucked in. We spent on and off a year working on it and actually made decent progress. The biggest band we had on board was Pearl Jam. Eventually it became o…

Yep. Before I got into technology, I was a lighting designer, and still dabble on and off. Producing a safe, quality, decent-sized event is hard and it is even harder to do so profitably. Every now and again someone asks me to be part of organising something, and my answer is always "no, thanks for asking, and please rethink your plans". I have seen too many experienced organisers fail at this - even when you do ever…

Definitely. To get anywhere near profitable you need to have the right people and to be in it for the long haul.

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#125
post #77

Earlier quoted context omitted.

In all seriousness, parsec is a horrific unit of measurement. It's really annoying how many non-SI units are used in Astrophysics literature. For me the most insane one is that some Asteroseismologists (study of variability in stars) use cycles per day as a unit of measurement as opposed to uHz (the conversion factor is around 11).

I think most of it arose from the idea that astronomy is about logging as much of the sky as you can in the most efficient way you can(there's a lot of it), and everyone else can put in the work to use their measurements in other disciplines. Sadly, that mindset went on to astrophysics where it's not too helpful.

I think it's more about the insane devotion to backwards compatibility (which rivals Linus Torvalds). I mean, the whole object colour thing (where the community discovered that their classification system was completely wrong) was handled by just reordering the classification (but keeping the names) so that old papers and catalogs could be used verbatim is true devotion.

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#126

Earlier quoted context omitted.

Agreed. It was definitely a failure in execution not necessarily in vision. If done right it kinda sounds like a dope experience.

I'm highly skeptical that no matter how successful the logistics could have been, that I could ever describe anything involving Blink 182 as a "dope experience".

haha true

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#127
post #6

An insider who saw the failure coming (includes a promo video also like parody) ... http://nymag.com/thecut/2017/04/fyre-festival-exumas-bahamas...

Best line is at the end:

> They overlooked so many very basic things. And baby, they forgot to make me sign an NDA.

What are the odds that they made plenty of legal mistakes in addition to the logistical ones? I would bet that everyone involved in this will have a very bad time over the next few months and years, and anyone who backed it financially will think harder before committing serious money when all they've seen is a slick marketing campaign.

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